Some drivers in Fairfax County, Virginia, are going to see their car tax bills go up, and the county government says it’s because of the pandemic.
About 12% of county residents will see their personal property tax bills rise compared to last year, with an average increase of $25 for cars valued at $20,000 or less, .
Typically, cars decrease in value over time, and thus, tax assessments go down. But the past year has been anything but typical.
Fairfax County attributes the tax hike to several factors, including the pandemic-induced shortage of new and used cars that has pushed prices to record levels. Prices have especially gone up for used cars, because a global computer chip shortage and supply chain disruptions have hampered automakers鈥� ability to build new cars.
Low interest rates and stimulus payments are helping to boost car purchases, county officials said.
Fairfax County bases car taxes on a . For most vehicles, the value is based on the 鈥淐lean Trade-in Value鈥� as of Jan. 1 of the tax year.
A car owner can if they believe the assessment of the vehicle is too high. A vehicle鈥檚 value can be appealed based on body damage, rusting or high mileage 鈥� but car owners still must pay their tax bill by the due date.
Car tax bills are .
